Corporate news

FILE - This May 11, 2006 file photo shows the Freedom of the Seas cruise ship docked in Bayonne, N.J. Kimberley Wiegand, the mother of an 18-month-old Indiana girl who fell to her death from an open window on the cruise ship in Puerto Rico, told NBC’s “Today” show Monday, July 22, 2019 that her family will sue Royal Caribbean Cruises for “not having a safer situation on the 11th floor of that cruise ship.” (AP Photo/Mike Derer, File)
July 22, 2019 - 2:14 pm
INDIANAPOLIS (AP) — There are "a million things" the cruise company could have done to prevent the death of an 18-month-old Indiana girl who fell to her death from an open window on a cruise ship in Puerto Rico, the toddler's mother said in an interview broadcast Monday. Speaking publicly for the...
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Traders James Riley, left, and Mark Muller work on the floor of the New York Stock Exchange, Monday, July 22, 2019. U.S. stocks moved higher in early trading Monday on Wall Street as investors snapped up technology stocks. (AP Photo/Richard Drew)
July 22, 2019 - 11:59 am
NEW YORK (AP) — Technology companies were a standout in midday trading on Wall Street Monday in an otherwise sluggish day for the stock market. The tech sector was the only one to boast sizable gains, led by Apple and Microsoft. Many other sectors were lower, especially makers of consumer products...
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July 22, 2019 - 11:54 am
WASHINGTON (AP) — The Trump administration is penalizing a Chinese company and its top executive for violating U.S. restrictions on dealing with Iran. Secretary of State Mike Pompeo says the U.S. is imposing sanctions on Zhuhai Zhenrong (ZHOO-hi ZHEN-wrong) Limited and its chief executive for...
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In this June 13, 2019, photo released by Xinhua News Agency, guests, from left, Yi Huiman, chairman of China Securities Regulatory Commission, Liu He, vice premier, Li Qiang, top party official of Shanghai, and Ying Yong, Shanghai's mayor, celebrate the launch of the SSE STAR Market, previously referred to as the Shanghai science and technology innovation board in Shanghai. Trading is expected to start Monday, July 22, 2019 on the Chinese stock market for high-tech companies that play a key role in official development plans that are straining relations with Washington. (Fang Zhe/Xinhua via AP)
July 20, 2019 - 8:45 pm
BEIJING (AP) — Trading starts Monday on a Chinese stock market for high-tech companies that play a key role in official development plans that are straining relations with Washington. Regulators have approved 25 companies in information technology and other fields seen by communist leaders as a...
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Japan's Foreign Minister Taro Kono, center, speaks to the media after meeting with South Korean Ambassador to Japan Nam Gwan Pyo, at foreign ministry in Tokyo Friday, July 19, 2019. Japan has summoned South Korea's ambassador to protest Seoul's refusal to join in an arbitration panel to settle a dispute over World War II labor. (Masanobu Kumagai/Kyodo News via AP)
July 19, 2019 - 11:17 pm
TOKYO (AP) — Japan's foreign minister said Tokyo will take "necessary measures" against South Korea if interests of Japanese companies are harmed in an escalating dispute over World War II forced labor. The neighboring countries and U.S. allies are quarreling over South Korean court decisions...
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In this undated photo issued Friday July 19, 2019, by Stena Bulk, showing the British oil tanker Stena Impero at unknown location, which is believed to have been captured by Iran. Iran’s Revolutionary Guard announced on their website Friday July 19, 2019, it has seized a British oil tanker in the Strait of Hormuz, the latest provocation in a strategic waterway that has become a flashpoint in the tensions between Tehran and the West. (Stena Bulk via AP)
July 19, 2019 - 7:34 pm
TEHRAN, Iran (AP) — The Latest on developments related to tensions between the U.S and Iran (all times local): 4 a.m. Energy experts say recent seizures and attacks aimed at oil tankers in the Strait of Hormuz will raise insurance rates for shipping companies and, if unchecked, could reduce tanker...
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FILE - These undated file photos released by the Weber County Sheriff's Office show Jacob Kingston, left, and Isaiah Kingston. Two executives of a Salt Lake City biodiesel company linked to a polygamous group are pleading guilty to charges filed in a $511 million tax credit scheme. Court documents made public on Friday, July 19, 2019, show Jacob Kingston and Isaiah Kingston with the company Washakie Renewable Energy have pleaded guilty to charges including money laundering, mail fraud and conspiracy. (Weber County Sheriff's Office via AP, File)
July 19, 2019 - 7:06 pm
SALT LAKE CITY (AP) — Two executives of a Salt Lake City biodiesel company linked to a polygamous group have pleaded guilty to charges filed in what prosecutors have called a $511 million tax credit scheme, according to documents made public Friday. Washakie Renewable Energy once described itself...
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FILE - In this May 16, 2018, file photo, the J.C. Penney logo is seen hanging outside the Manhattan Mall in New York. J.C. Penney, looking to soothe rattled investors, said Friday, July 19, 2019, it hasn’t hired any advisers to prepare for an in-court restructuring or bankruptcy. (AP Photo/Mary Altaffer, File)
July 19, 2019 - 7:05 pm
NEW YORK (AP) — J.C. Penney, looking to soothe rattled investors, said Friday it hasn't hired any advisers to prepare for an in-court restructuring or bankruptcy. The company's statement came after a report said Penney was hiring experts to help restructure its debt. Reuters reported Thursday that...
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FILE - This undated file photo shows Barrick Goldstrike Mines' Betze-Post open pit near Carlin, Nev. A three-judge panel with the U.S. Court of Appeals for the District of Columbia ruled Friday, July 19, 2019, that state and federal programs ensure mining companies take financial responsibility for their pollution. (Adella Harding/The Daily Free Press via AP, File)
July 19, 2019 - 6:54 pm
BILLINGS, Mont. (AP) — A U.S. appeals court panel sided with the Trump administration Friday in a mining pollution dispute, ruling that state and federal programs already in place ensure that companies take financial responsibility for future cleanups. The ruling came after the administration was...
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July 19, 2019 - 8:44 am
NEW YORK (AP) — American Express posted a 9% gain in second-quarter profits on Friday, helped by more of its cardmembers carrying a credit card balance and increased spending on its namesake cards. The New York company said it earned a profit of $1.76 billion, or $2.07 a share. That's up from...
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